Bitcoin Forum
January 25, 2020, 12:26:38 PM *
News: Latest Bitcoin Core release: [Torrent]
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: [2018-05-04] Singapore Trials ‘Bitcoin Banknotes’ in New Consumer Adoption Driv  (Read 37 times)
Full Member
Offline Offline

Activity: 322
Merit: 217

World's Most Innovative Invoice Lending Platform

View Profile
May 04, 2018, 07:44:40 AM

Cryptocurrency hardware wallet manufacturer Tangem has begun the first rollout of its ‘Bitcoin banknotes’ to its pioneer market of Singapore.


Tangem, which seeks to make cash-like transactions using cryptocurrency more familiar to entry-level consumers, plans to mass produce the notes in their “millions” by the end of 2018.

In Singapore, a jurisdiction famous for its encouraging regulatory stance on both cryptocurrency and blockchain technology, the notes will be on sale at the Suntec City branch of design store chain Megafash.

Coming in denominations of 0.01 and 0.05 BTC ($92 and $463 respectively), the ‘notes’ are in fact banknote-like hardware wallets using technology from Samsung, Tangem claiming their cost makes them cheap enough to use like actual cash.

“Tangem Notes radically improve the simplicity and security of acquiring, owning, and circulating cryptocurrencies for both sophisticated and incoming users,” an accompanying press release reads.

“Based on a recently developed S3D350A chip from Samsung Semiconductor, Tangem Note is the first… on the market with its entire electronics and cryptography certified to the Common Criteria EAL6+ and EMVCo security standards.”

See more:

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!